Tag Archive

The Second Income Campaign

Published on November 21, 2014 By admin

The Second Incomes Campaign is a chance given by HMRC to bring your tax affairs up to date if you’re employed and have additional income that’s not taxed.   You can take this opportunity if, you’re an employee, you’re resident in the UK or you have additional income from working for yourself   What counts […]

Income Tax Trap for online Traders

Published on May 4, 2012 By admin

Finally HMRC has come to grips with those who sell certain products or used items on websites such as Gumtree and eBay. So who should be worried about these latest attempts of HMRC to earn some more money? Targeting online traders for tax Over the last few months HMRC has been busy trying to identify […]

Business Plan Template for Start Up Businesses

Published on December 2, 2011 By admin

It is essential to have a realistic, working business plan when you’re starting up a business to make sure the business growth is sustained over a long period of time.The task of making a business plan will be much easire if you have a business plan template ready. A business plan can be defined as […]

The Consequences of VAT Rise on Quartely VAT Bills

Published on June 17, 2011 By admin

Rise in the VAT from 17.5% to 20% has defenitely had a big impact on small businesses and households throughout the UK in terms of their quarterly VAT. At 17.5% the UK had the lowest standard rate of VAT and the only 0% rate on food of any major EU member state.

How to Make Your Online Experience with HMRC a Secure One

Published on May 18, 2011 By admin

Electronic communication and transactions are an integral part of dealings with HMRC. However, as always there are two sides to every story. Along with the many advantages comes the risk of frauds and scams. Complaints on individuals claiming to be someone they are not, and obtaining information they are not entitled to, are the most […]